Originally from SprockITglory.com
POSTED ON OCTOBER 17, 2017
The new startups cap off a banner quarter for current SPROCKIT startup and corporate members, who raised more than $37 million in funding and made significant partnership announcements since August 2017
NEW YORK–(BUSINESS WIRE)–SPROCKIT, the global community that curates, connects and fosters collaboration between market-ready startups and media, entertainment and tech companies to drive innovation in collaboration with NAB Show, today announced nine new startups selected to participate in the year-long program.
“Now in our fifth year of bringing solutions to the biggest challenges in the media, entertainment and technology industries, SPROCKIT’s proven success in curating, connecting and fostering collaboration between startups and corporate members continues to garner a very strong pool of applicants,” said Harry Glazer, founder and CEO, SPROCKIT. “SPROCKIT is pleased to welcome elite startups including Apptimize, Data+Math, Limbik, Seek, Social Flow, Trint,Vizbee, Wibbitz and Wochit into our SPROCKIT class of 2017.”
The companies cap off a banner quarter for current SPROCKIT members and partners. Highlights include:
- Current SPROCKIT startups raised more than $37 million in funding this quarter, including DivvyCloud ($6M led by RTP Ventures); ICX Media ($6.6M led by Grotech Ventures with participation from NRV, PJC and Avonlea Capital); Streamroot($3.2M from Partech Ventures, Techstars Venture Capital Fund, Verizon Ventures and R/GA); and VideoAmp ($21.9M led by Mediaocean with participation from RTL Group, GoAhead Ventures, StartUp Capital Ventures, Anthem Venture Partners, Wavemaker Partners, and Simon Equity Partners)
- Elastic Media announced a partnership with Channel 2 News, Israel’s leading news broadcaster, to deliver news broadcasts to mobile devices via Elastic Media’s platform.
- Pixability won the Video Innovation Award from SPROCKIT corporate member Google and its Premier Partner program.
- Streamroot was selected as one of eight participants in the inaugural Verizon Media Tech Venture Studio program, led by SPROCKIT corporate member Verizon Digital Media in partnership with R/GA, alongside SPROCKIT alumnus Scorestream.
SPROCKIT will convene the full 2017 class of industry-vetted emerging companies with its world-class corporate partners, including Google, Fox Networks Group, Hearst Television, Samsung NEXT, TEGNA Inc., Univision Communications Inc. and Verizon Digital Media Services, at its exclusive SPROCKIT Sync forum, being held October 17, 2017 at Samsung NEXT in New York prior to NAB Show New York. Attendees will meet to tackle cross-sector challenges, forecast trends and bring innovative solutions to market.
“Our customers expect us to utilize the most cutting-edge solutions and products available, and SPROCKIT has a proven track record of curating and connecting us to startups at the forefront of innovation,” said Gus Warren, managing director, Samsung NEXT. “We are pleased to be partner with SPROCKIT to host this year’s SPROCKIT Sync NYC and meet with some of the most compelling innovators in the industry.”
Startups interested in participating in the SPROCKIT program are invited to apply here. Applications will be reviewed on a rolling basis, with accepted startups invited to participate in future SPROCKIT Syncs as well as the SPROCKIT Hub at the annual NAB Show in Las Vegas and other key industry events, to foster communication and collaboration.
SPROCKIT is a global community that curates, connects and fosters collaboration among leading media, entertainment and technology companies and market-ready startups to bring innovative products, services and revenue models to market. Since its launch in 2013, more than 100 emerging companies have participated in SPROCKIT, many of which have experienced successful funding rounds, partnerships and acquisitions with companies including SPROCKIT’s corporate sponsors. Learn more at sprockitglory.
ABOUT NAB SHOW
NAB Show, held April 7-12, 2018 in Las Vegas, is the world’s largest convention encompassing The M.E.T. Effect, the convergence of media, entertainment and technology. With 103,000 attendees from 161 countries and 1,800+ exhibitors, NAB Show is the ultimate marketplace for solutions that transcend traditional broadcasting and embrace content delivery to new screens in new ways. From creation to consumption, across multiple platforms and countless nationalities, NAB Show is where global visionaries convene to bring content to life in new and exciting ways. For complete details, visit nabshow.